YEARLY HIGH
1.2479 UGX
YEARLY LOW
1.0732 UGX
YEARLY AVERAGE
1.1592 UGX

2017 MGA to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MGA to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on July 25, valuing the pair at 1.2479. Conversely, the yearly low was recorded on January 2, dropping to 1.0732.

This high-to-low spread represents a total annual volatility of 0.1747 UGX. From a start-to-finish perspective, comparing the January average rate of 1.1020 to the December average rate of 1.1244, the exchange rate registered a net change of 2.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.2479 was up 8.54% compared to the 2016 peak of 1.1497, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MGA based on timing:

Yearly Peak High 6,240 UGX
2016 Average 5,380 UGX
Yearly Trough Low 5,366 UGX
Transaction Impact: A difference of 873.58 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.2314
1.0902
JanuMarcMayJulySeptNove

MGA to UGX Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 1.1353, compared to 1.1830 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0477 points.

H1 Avg (Jan–Jun) 1.1353
H2 Avg (Jul–Dec) 1.1830

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 0.0868 UGX (High: 1.1779 / Low: 1.0911). On the other end, November was the most stable month, with a tight range of 0.0278 UGX (High: 1.1557 / Low: 1.1279).

March Spread (Volatile) ±0.0868
November Spread (Stable) ±0.0278

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0375 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0375

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2017: 1.2196) against the same month in 2016 (average: 1.0988), the exchange rate shifted by +0.1208 (+11.00%).

2017 Avg (July) 1.2196
2016 Avg (July) 1.0988

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.1395 1.0732 1.1020
February 1.1714 1.1143 1.1384
March 1.1779 1.0911 1.1329
April 1.1500 1.1053 1.1341
May 1.1828 1.1313 1.1583
June 1.1884 1.1135 1.1463
July 1.2479 1.1765 1.2196
August 1.2434 1.2059 1.2190
September 1.2335 1.1832 1.2087
October 1.1960 1.1530 1.1820
November 1.1557 1.1279 1.1444
December 1.1437 1.1145 1.1244